Chatterton & Associates Inc. bought a new position in shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,040 shares of the company’s stock, valued at approximately $851,000.
Several other hedge funds have also recently modified their holdings of the stock. Investors Research Corp purchased a new position in iShares MSCI USA Min Vol Factor ETF in the 4th quarter valued at about $26,000. Chapman Financial Group LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 2nd quarter worth approximately $29,000. Manning & Napier Advisors LLC purchased a new stake in iShares MSCI USA Min Vol Factor ETF during the 3rd quarter worth approximately $30,000. Abound Wealth Management raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 437.1% during the fourth quarter. Abound Wealth Management now owns 333 shares of the company’s stock valued at $31,000 after acquiring an additional 271 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC acquired a new position in shares of iShares MSCI USA Min Vol Factor ETF during the third quarter valued at approximately $35,000.
iShares MSCI USA Min Vol Factor ETF Price Performance
BATS USMV opened at $93.36 on Friday. The stock’s 50 day simple moving average is $95.07 and its 200-day simple moving average is $94.53. The company has a market cap of $23.83 billion, a PE ratio of 22.90 and a beta of 0.72. iShares MSCI USA Min Vol Factor ETF has a 1-year low of $83.99 and a 1-year high of $98.07.
About iShares MSCI USA Min Vol Factor ETF
The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.
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